IQ OPTION THAILAND REVIEW
If you plan to start with your online trading journey in binary options, Thailand is a great place to be. But, there are many questions to be answered. And it might be whether trading is legal, what rules and regulations exist to protect your money, and how to choose the best broker to trade within the country. Concerning services and features, no other broker can beat the IQ option. It is no wonder that IQ Option is known to be the top binary options broker in Thailand.
In 2013, when IQ Option began in the binary options market, it quickly became well-known among traders. Its appearance gained popularity in the whole industry, primarily because this broker offered access to binary options trading for next to nothing. It lets many people see what this type of trading is all about without investing a huge amount of money.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
IQ Option delivers a truckload of innovations to the table while maintaining all the best and most vital features. It is the very first trading platform in the world based on WebGL technology. So you can keep track of up to nine charts at the same time without having any problems. There are loads of the most popular tools and indicators available, updated regularly, so you will have no trouble tracking an asset’s movements. The platform has a couple of helpful features that will help traders react even quicker than usual. Every asset has its Asset profile from this point on. The other feature is a Market analysis, which collects all the news from the financial market and sorts them into four categories. With IQ Option, everything will be just a click away.
Mobile Trading App
IQ Option also offers you a way to trade on the go. And you can download it on any platform and operating system. You can download it on Google Play or the App Store for free. Your mobile device will have access to all of the most vital features, such as low financial requirements, free demo, non-stop support, etc. Also, you will even have access to trading cryptocurrencies through CFDs. There are other versions of the app you can download, but these for your desktop and laptop. You can get these apps from the download page of the broker’s website, and you will also find the system requirements for each app version. No matter what kind of device you have, you can trade with this broker.
IQ Option CRYPTOCURRENCIES
Cryptocurrencies have become popular with online traders over the last few years. IQ option cryptocurrencies are a great example of how in tune with the market. There are 12 different coins available for trading, and all of them are the industry’s well-known assets.
But IQ Option cryptocurrency trading stands out from the crowd because of its excellent features. With this kind of trading, all your profits and losses are calculated as if you had invested five times more. It means, even if you’re not investing a lot, your crypto investment can become huge. Also, you can benefit from even the smallest market movements because they can be magnified if you’re using a multiplier.
IQ Option Forex
The forex is known as the largest market in the world. The amount of IQ Option forex possibilities are currently with 30 different pairs at your disposal. All the most important currencies are there, but you can trade with quite a few exotic ones, such as SGD, MXN, etc.
The same excellent trading conditions apply, and you can utilize all the features of IQ Option’s best platform. The leverage goes up to 1:1000, and the spreads are also quite attractive. So you can expect some great trading opportunities. Also, the negative balance protection, the auto-close feature, and even investment multipliers.
IQ Option CFDs
Today, IQ Option CFDs are well-known modes of trading on the broker’s website. Everything you need is here: lots of assets you can use this type of trading on, stop-loss orders, take profit orders, and pre-orders. So you can manage your trades more efficiently when you’re not in front of your desktop. Also, there are plenty of tools to help you predict market movements precisely. IQ Option CFDs come with the autoclose feature that allows you to exit once you have reached a certain amount on a trade. It works based on percentage, so you will need to decide how big a percentage loss or how big a profit you want to take. You can miss out on some good profits this way, the price may continue going your way even after the autoclose feature does its job. But on the other hand, it’s excellent for limiting significant losses.
With IQ Option CFDs, the financial requirements remain the same. And you never have to worry about expiration times. As long as the market agrees with you, you will surely gain profits.
IQ Option offers a Demo Account that doesn’t require a deposit. There are two more possibilities for traders to choose from – Real and VIP account types. Both are well equipped and offer some excellent features. The VIP account offers extra features like monthly analysis or a personal manager.
The platform provides traders with a virtual balance of $10,000 to practice trading strategies and explore its features without risking real money for free.
IQ Option offers the most popular account type which requires a minimum deposit of $10 and provides access to all the basic trading features including over 300 assets, technical analysis tools, and 24/7 customer support.
This account type is for high-volume traders who want extra benefits and perks. You need to make a minimum deposit of $3,000 and offer features such as higher profitability rates, a personal account manager, and exclusive trading strategies.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
The minimum deposit requirement is only $10 to start trading with IQ Option. With this amount, you can open a Real account and enjoy all the benefits it has to offer. For binary options trading, the minimum investment amount in a trade is set at only $1 but you can invest up to $5000 in any single trade, which lets you have complete control of your account funds. If you want a VIP account, your should deposit a significant amount. The Payouts are up to 91% in case of a correct prediction. Based on the March 2021 update, there are some assets that IQ Option offers a 100% return on investment.
Deposit & Withdrawal Options
IQ Option offers various options for depositing and withdrawing funds in Thailand. These options include:
• Bank Transfer
• Credit/Debit Cards (Visa, Mastercard)
• e-Wallets (Skrill, Neteller, WebMoney)
• Cryptocurrencies (Bitcoin, Ethereum, Litecoin)
• Thai Local Banks (Kasikorn Bank, Bangkok Bank, Krung Thai Bank, Siam Commercial Bank, etc.)
• Thai e-Wallets (True Money, AirPay, etc.)
You can withdraw the funds the same way they were deposited. Instant processing is available for depositing funds, while withdrawals have the following processing time.
- E-wallets: within 24 hours
- Credit/debit cards: 1-3 business days
- Bank transfer: 1-5 business days
Users can choose the most convenient payment method according to their preferences. The platform also ensures fast and secure transactions for its users.
Traders can now invest in about 40 new pairs, which contain some pretty exotic things like MXN or TRY. Also, some new CFDs have become available, but these focus on commodities. That increases the number of IQ Option CFD options by quite a bit. Finally, Bitcoin is x100 available as well.
Aside from new trading assets, new IQ Option features can help you get the right piece of information at the right time. The new IQ Option indicators are added to the list to help you, such as KDJ, Ichimoku Cloud, Belkhayate Timing, and DPO. They are best to have around when you’re looking for trends. Belkhayate Timing is an oscillator that can get an idea of when you should enter or exit a trade. These new IQ Option indicators are proof that the broker is careful in offering the latest features to its clients.
The broker’s Smart Newsfeed can also help out if you do not have time to check various sources for the latest market news. With Smart Newsfeed, everything you need to know will appear once you tap the market Analysis button.
A new IQ option feature has shown in the chart section. More expert traders especially will want to check out Heikin-Ashi. It’s a new type of candlestick chart, which serves as a trading indicator due to the way its main four points are measured.
Investing in Options with IQ Option
Started as a binary options broker, IQ Option now offers Forex and CFD trading on several financial assets. With Binary Options, you choose an asset and predict whether its price goes up or down. You can also set your expiration date from 60 seconds after opening your trade to the end of the month.
IQ Option digital options are a bit distinctive. Here, you choose the strike price yourself ( the point an asset’s price has to reach). You can get returns of up to 900%. And you can only trade in intervals, which last between one and five minutes, so you have to be quick to act.
Frequently Asked Questions
Is IQ Option legal in Thailand?
Is IQ Option legal in Thailand – Yes, It is legal to trade Binary Options, Forex, and CFD in Thailand with IQ Option. It is a registered broker having Registration No. 24840 IBC 2018 and Registered address at Hinds Building, Kingstown, St. Vincent, and Grenadinesits. IQ Option provides innovative financial trading products like Binary Options, Forex, CFD, and Cryptocurrencies. It is legal to trade Binary Options in Thailand along with other financial products like Forex, CFD, etc.
IQ Option is in business since 2013 and has gained a reputation as a genuine broker with excellent service standards. Binary options trading and Forex are legal in Thailand with IQ Option as a broker.
Is IQ Option regulated in Thailand?
IQ Option does not come under any regulators in Thailand. However, it accepts Thailand traders for online trading. It is a legitimate financial trading broker with its registered office at Registration No. 24840 IBC 2018, Address: Hinds Building, Kingstown, St. Vincent and Grenadines. IQ Option has won the trust of the global trader’s community by providing excellent services since 2013. Hence, you can trust IQ Options for Binary Options, Forex, and CFD trading in Thailand.
How to verify IQ Option Account?
Many Binary Options traders feel confused when it comes to the account verification process. IQ Option account verification is a mandatory process every trader has to go through. It is mandatory to complete the verification process before requesting any fund withdrawal from your account.
IQ Option compliance department verifies the identity and address proof of the trader along with the financial information provided by the trader while making a deposit. This is an international regulatory requirement to prevent money laundering and illegal financial transactions. Most of the traders pass-through this verification process smoothly. After completing the verification process the traders can withdraw profits into their account.
IQ Option Review – Thailand
Without any doubt, IQ Option is one of the best brokers not just in Thailand but all over the world. With minimum investments, you can see what binary options trading is all about, and you will be well secured every step of the way. A great new platform will assist you with an excellent trading experience. Also, you can download the broker’s app in different versions. And you don’t even have to spend any money if you want to check things out here – open a demo account see what the broker has to offer. So open an account with IQ Option Thailand today if you want a complete trading experience.
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.